On-demand, secure, and accessible identity verification services powered by blockchain technology and governed with CVC tokens.
Decentralized identity improves user experience, reduces costs, and turns a cost center into a net revenue unit.
Requesters use CVCs to purchase permission-based, real-time authentication of User identity data verified by a Validator.
Validators earn CVCs each time a user attestation is created or utilized by Requesters.
Users upload and verify their identity data on a Credential Wallet app only once and attestations are good until revoked.
The ecosystem is designed to incentivize participation by trustworthy identity verification providers:
Validators set the price within the marketplace, record an attestation on the blockchain after successfully verifying the identity data of a User.
Requesters pay into escrow to be able to leverage the work already performed by trusted Validators and eliminate the redundancy of having to re-verify User information.
Users only hand our Verifiable Credentials if the Requesters payments are received by the respective Validators.
This is where smart contracts govern the interactions between Requesters, Validators, and Users.
A set of applications and libraries that provide a clear, easy-to-use interface over the existing set of Credential Wallet and Marketplace functionalities.
Pass-through software layer that enables certain blockchain-related automation for Requesters and Validators.